Digital currency Bitcoin hits new high before losing S$200 in value in one day

[BlueKelah]

2017-12-13
Google search interest of "Bitcoin Price" vs "Gold Price"

Bitcoin interest march on unabated, exceeding the peak of Gold during the depths of the bursting of the Gold Bubble in 2013.

Considering most retail investors still has no idea how to invest in Bitcoin and institutional investors are just starting to get access, I'm inclined to believe we are still at the first innings of the Great Bitcoin Bubble. 

(not vested)

The retail investors in Korea are investing in Bitcoin left and right(20% of global trade volume). Given that even their gov is now clamping down on new coin ICOs I'd say we are somewhere in the middle of the bubble liao, it just depends on which country is involved in it. Chinese retail investors also been investing in Bitcoin for quite a while now, even trying to set up "farms". 

bitcoin has also has a few "forks" liao and now there is bitcoin futures trading.
https://en.wikipedia.org/wiki/List_of_Bitcoin_forks

Coupled with others like Ethereum and Litecoin also booming like crazy....

The speed at which its going I give it maybe another half year at most. Once there is futures trading, it will be going into dangerous derivatives and high leverage territory. Looking more and more likely to be the trigger for the next GFC.

Many Bitcoin speculators have forgotten what happened @ Mt.Gox few years back